logo
Plus   Neg
Share
Email

Lululemon Holding On To Notable Gain In Late-Day Trading

After seeing initial strength, shares of Lululemon (LULU) have given back some ground but remain notably higher in late-day trading on Monday. Lululemon is currently up by 1.1 percent after reaching a record intraday high.

The initial jump by Lululemon came after Wells Fargo upgraded its rating on the athletic apparel maker's stock to Outperform from Market Perform.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
While reporting financial results for the fourth quarter on Tuesday, Lockheed Martin Corp. (LMT) initiated earnings outlook for the full-year 2020, while boosting annual net sales outlook. For fiscal 2020, the company now expects earnings in a range of $23.65 to $23.95 per share. Net sales are now... Pfizer Inc. (PFE) reported that its fourth-quarter adjusted earnings per share declined 13 percent year-over-year to $0.55. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.57, for the quarter. Analysts' estimates typically exclude special items.... Practice Fusion Inc., a cloud-based electronic health record or EHR platform, agreed to pay $145 million to resolve criminal and civil investigations relating to its EHR software, the U.S. Department of Justice said in a statement. The company allegedly received kickbacks for increasing opioid prescriptions.
Follow RTT
>